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146-154 N Holliston Ave
Pasadena, CA 91106 Catalina Villas

$2,758,000 USD

Rehabilitation Center For Sale • 5,443 SF

Property Details

Property Type Rehabilitation Center
Total Building Size 5,443 SF
Lot Size 0.28 AC
Building Class C
Year Built 1921
Cap Rate 7.13 %
Zoning RM-48

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Prime Location several blocks from CALTECH and PCC, HIGH 7.13% In-place CAP Rate
                            
                                Extremely Rare 7-unit on Master Net Lease Structure (The GOODEN CENTER -  credit tenant) – MINIMUM Landlord Responsibility
                            
                                Positive Leverage & Yield: Investors can achieve over ±8.74% Cash-on-Cash return with a minimum down payment, secured by a high-performing asset 
                            
                                Superb Demographics: highly affluent residential neighborhood boasting an average household income of ±$141,687 within a 1-mile radius. 
                            
                                Highly Desirable Unit Mix & Layout: The 12,313 SF lot features four single-story bungalows and a rear triplex
                            
                                Excellent Curb Appeal; Approved Plan for 1 ADU is included; Extensive Recent CAPEX

Property Flyers

Flyer-146-154NHolliston

Cap Rate:

7.13 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Bishop Gooden Home		8/18/2027

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	18 min	-	9.7 mi
Airport	Drive	Walk	Distance
Bob Hope	26 min	-	18.2 mi
Long Beach (Daugherty Field)	45 min	-	29.0 mi
Los Angeles International	43 min	-	30.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Han Widjaja-Chen 626-609-7551 Growth Investment Group California

146-154 N Holliston Ave Pasadena, CA 91106 Catalina Villas